Power of Attorney agreements among YOD WFOE, Sinotop Beijing, Bing Wu and Yun Zhu, dated as of January 25, 2016
Power of Attorney
I, Wu Bing, a citizen of the Peoples Republic of China (PRC) and holder of PRC resident ID card number 310104196806292016, hereby irrevocably grant, in my capacity as a shareholder of Beijing Sino Top Scope Technology Co., Ltd. (Company), to any individual appointed in writing (Authorized Person) by YOU On Demand (Beijing) Technology Co., Ltd. in its sole discretion, the authority to exercise the following powers and rights during the term of this Power of Attorney:
(a) | to receive all notices on my behalf regarding the shareholders meetings of the Company; |
(b) | to vote on my behalf at such shareholders meetings; |
(c) | to make any decisions on my behalf in accordance with my rights as a shareholder of the Company as granted to me by law and in accordance with the Companys articles of association; and |
(d) | to sign any relevant documents on my behalf and to take any action on my behalf as a shareholder of the Company. |
I hereby declare and covenant that during the term of this Power of Attorney, I shall not, without the prior written consent of the Authorized Person, exercise any of the powers and/or rights listed above.
This Power of Attorney shall enter into effect upon signing and shall remain effective and irrevocable until all of my equity in the Company has been transferred to the Company and/or an Authorized Person. This Power of Attorney will survive and remain valid and effective in the event of my death and/or mental or physical incapacity.
Name: | Wu Bing | |
By: | /s/ Wu Bing | |
Date: | January 25, 2016 |
Power of Attorney
I, Zhu Yun, a citizen of the Peoples Republic of China (PRC) and holder of PRC resident ID card number 630104197402260543, hereby irrevocably grant, in my capacity as a shareholder of Beijing Sino Top Scope Technology Co., Ltd. ( Company), to any individual appointed in writing (Authorized Person) by YOU On Demand (Beijing) Technology Co., Ltd. in its sole discretion, the authority to exercise the following powers and rights during the term of this Power of Attorney:
(a) | to receive all notices on my behalf regarding the shareholders meetings of the Company; |
(b) | to vote on my behalf at such shareholders meetings; |
(c) | to make any decisions on my behalf in accordance with my rights as a shareholder of the Company as granted to me by law and in accordance with the Companys articles of association; and |
(d) | to sign any relevant documents on my behalf and to take any action on my behalf as a shareholder of the Company. |
I hereby declare and covenant that during the term of this Power of Attorney, I shall not, without the prior written consent of the Authorized Person, exercise any of the powers and/or rights listed above.
This Power of Attorney shall enter into effect upon signing and shall remain effective and irrevocable until all of my equity in the Company has been transferred to the Company and/or an Authorized Person. This Power of Attorney will survive and remain valid and effective in the event of my death and/or mental or physical incapacity.
Name: | Zhu Yun | |
By: | /s/ Zhu Yun | |
Date: | January 25, 2016 |